Morris County

Office Space Market Report

Number of Listings (last 90 days)

264

Median Rate ($/sqft/yr)

$31


Median Size (sqft)

410

As of: December 9, 2016

Morris County Rates

Most listings are in the $30's per square foot per year.
The Morris County submarket is seeing a an increase in rates.
In the last 3 months, the median rate
went up
$0 per sqft per year.
That's a 2%
increase in rent.

Morris County Listing Supply

In the last 90 days, 271 listings have been made available,
so you'll want to check back regularly for new listings.
About 2% of the office spaces in the Morris County are subleases,
so you will probably need to consider the implications of signing a direct lease with the building.
There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 410 sqft.
Most properties in this area are close to 3 floors.
Most buildings in this area were built in 1984
and are Class A.

Morris County Community

Market Report

Trends and status of the commercial real estate market in Morris County.Market Report

Market Data

Real time and historical data on commercial real estate listings in Morris County.Research